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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (3544)10/21/2015 10:36:47 AM
From: Kirk ©1 Recommendation

Recommended By
3bar

  Respond to of 26812
 
Unfortunately, it is bad news for real estate, car wash and restaurant inflation....

Many at KLAC will get rich with the buyout and us Lam shareholders are sitting pretty also with the stock well, well above past highs while the NASDAQ and stocks like Intel and AMAT are well below bubble highs...

All that cash from the deal will drive prices higher here, make it more expensive to have city workers and they'll have to raise our taxes to pay the higher salaries and some may decide to move up and thus raise real estate prices as well....

oh the price of success... I guess someone has to suffer it! LOL

but.... I hope we didn't do our touchdown celebration dance too soon... it has not held the 200 DMA... Hope it was not a bear market rally.... at least there is no open gap from the news.